4 minute read A week manning the reception desk to cover Covid staff shortages led FLK IT OVER CEO and Founder Andrew Colagiuri to create a new system for property keys, which he believes is a game changer for property managers.   “During Covid when lockdown was introduced for select Sydney suburbs eleven of my fourteen staff were affected, so I chose to man the reception desk and experienced first hand how outdated the check in and out system for property keys is,” says Mr Colagiuri.  “Like most businesses at the time, there was no option but to roll up the sleeves and do w ..read more

3 minute read Homely.com.au, the largest industry-backed real estate marketplace in Australia, announced its new partnership with National Property Group, which includes a deep integration of the National Property Data offering. Led by Homely’s Head of Product Luke Kenyon and Head of Industry David Webb, the integration will deliver more accurate home values, average values, sold prices and help customers and consumers make better informed decisions about properties. “The integration with National Property Group complements our much-loved unique suburb review content, giving consumers all th ..read more

4 minute read Left to right: CBA’s Angus Sullivan, x15Ventures, Toby Norton-Smith, and :Different’s Mina Radhakrishnan and Ruwin Perera Australian property management company, :Different, today announced it has raised $25 million in a Series B round as it sets sights on expanding nationally, and building its team of property managers and technology platform to continue looking after homes and the people who live in them. The raise was led by Commonwealth Bank venture-scaling entity, x15ventures, and Antler, and will also see CBA and :Different form a strategic partnership to col ..read more

4 minute read Global PropTech leader MRI Software today announces its acquisition of LeaseEagle, an Australian-based leader in commercial property lease management solutions for tenants in corporate, retail, healthcare and other sectors. Founded in 2005, LeaseEagle’s software is used by clients to manage over 50,000 locations across Australia, New Zealand and South Africa. The solution meets a timely need as COVID-19 rent relief amendments made to International Financial Reporting Standard IFRS-16 in 2020 may still be relevant to pandemic-affected commercial tenants in 2022. As well as e ..read more

4 minute read In the last two decades, technology has changed the world so much that it can appear unrecognisable.  Industries which were once thought untouchable have folded, while others have been forced to adapt or die. And, as the real estate sector has been gradually finding out (and which the pandemic has accelerated) technological innovation can be far more helpful than harmful if used, and embraced, appropriately. Improved efficiency   While once real estate agents relied on manual handling in pretty much all aspects of their job, technology has made it possible for muc ..read more

3 minute read COVID has forced every industry to embrace new technologies, to cope with the challenges of the pandemic. Learning how to remain productive while away from the office has plenty of lessons for the property industry when it comes to moving with the times. Those who remain stuck in their ways risk being pushed aside. For starters, technology like Sorted Services is the key to streamlining workflows, in order to save both time and money for property professionals. For example, automation can handle about half of the tasks that occupy an agent’s time and mental energy – such as prov ..read more

3 minute read ListingLoop.com.au, a first-of-its-kind real estate marketplace for pre-market and off-market properties, recently closed a $3 million funding round that will enable the company to accelerate its existing strong growth trajectory. The company, which launched in 2019 and was founded by proptech entrepreneur Rhett Dallwitz and real estate director and strategist Andrew Meehan, gives property buyers quick and easy access to pre-market and off-market real estate – properties that are not typically advertised through mainstream channels and those which property buyers may not otherwi ..read more

4 minute read Launching a real estate technology company ensures that you are operating in a market that is sufficiently large, fragmented, and ripe for disruption to give you every chance of success. There are abundant opportunities. And if you are not looking to found a company but to work in one, then I suggest you consider choosing a proptech for your next employer. Show Me the Money Property is the world’s largest economic sector. This is where the money is.  The sums are enormous. Australian residential real estate is worth $8.9 trillion, according to CoreLogic nearly one-quarter m ..read more

5 minute read Trabr Limited, a unique mobile-led prop-tech for the building and renovation industry, has attracted $405 million in customer projects in its first few weeks. Following its first capital raising of $2 million in 2019 and launch in September, Trabr is now driving its domestic and international growth. Australian-owned and made, Trabr is the only mobile-first digital resource of its kind for the building industry anywhere. Existing project management platforms for the sector are desktop-based and enterprise-led with limited capabilities for remote use. A subscription-based platfor ..read more

2 minute read Leading service providers in the conveyancing market, Smokeball and triSearch, have partnered to create a compelling premium practice management system, triConvey, for licensed Australian Conveyancing businesses. For the first time, conveyancers will have access to an integrated software and search system at a favourable overall price point to the business. triConvey clients will have a modern tech solution focused exclusively on their needs. The solution is powered by Smokeball’s best in class practice management software and triSearch’s integrated search platform, all supporte ..read more